asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: IOF0134AU
release_schedule: NO COMMENTARY
structure: Managed Fund
fund_features:
IOOF WealthBuilder High Growth Fund’s investment objective is achieve a high level of capital growth over the long term and provide a total return higher than the return of its benchmark, by investing in a diversified portfolio of predominantly growth assets. The Fund invests in a range of investments including Australian and international shares and listed property securities and Australian fixed interest securities.
- Due to the high growth orientation of the Fund, it is predominantly invested in traditional growth assets such as shares and property, with a minor weighting to defensive fixed interest assets.
- The Fund is authorised to utilise approved derivative instruments, subject to the specific restriction that derivative instruments cannot be used to establish asset allocation positions outside the approved ranges or to gear portfolio exposure.
- No more than 30% of the Fund can be exposed to derivative instruments as determined by their market equivalent exposure.
- Fund does not hedge against foreign exchange movements, although the underlying unit trusts in which the Fund invests may do so.